Canfor Corporation (“The Company” or “Canfor”) (TSX: CFP) today reported its third quarter 2021 results:
Overview
- Q3 2021 reported operating income of $331 million driven by solid lumber segment results despite a sharp decline in North American lumber prices from prior quarter all-time highs
- Record quarterly earnings for the Company’s European lumber operations
- Shareholder net income of $210 million, or $1.68 per share
- Cumulative cash deposits of $656 million on countervailing and anti-dumping duties at September 30, 2021
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